PetroChina may sell out from natural gas projects in Australia and oil sands in Canada to stem losses and divert funds to more lucrative sites in the…
OIL Feed Atom
OPEC’s oil revenue surged in 2021 as prices and demand recovered from the worst of the COVID pandemic, while the number of its members’ active rigs posted…
According to some media sources, G7 leaders are expected to discuss a revival of the Iran nuclear deal – which might lead to more Iranian oil exports.
France wants sanctions-hit Iran and Venezuela to return to the oil markets to ease the pressures from Russian sanctions that has spiked prices, a French presidency official…
Oil prices edged higher on Monday in a volatile session as investors waited for any moves against Russian oil and gas exports that might come out of…
The Iranian oil ministry announced that the average gas production in the country’s fields surpassed 1,000 million cubic meters per day.
MohammadSadegh Razmi- Production…
The heads of France’s big energy companies on Sunday urged individuals and businesses to limit power consumption immediately to prepare for a looming energy crisis.
Leaders of the Group of Seven rich democracies are having “very constructive” discussions on a possible cap on Russian oil imports, a German government official said on…
The Organization of the Petroleum Exporting Countries (OPEC) will launch the 2022 edition of its Annual Statistical Bulletin (ASB) on Tuesday, 28 June 2022, at 10:00…
OPEC and allied producing countries including Russia will likely stick to a plan for accelerated oil output increases in August, sources said, hoping to ease surging oil…
One of southern Russia’s largest oil refineries was struck by an apparent drone attack Wednesday, setting off a massive fire, authorities and media reported.
Pakistan’s energy minister, accompanied by that country’s ambassador to Tehran and Iran’s consultant energy minister, visited Iran’s macro-scale MAPNA Industrial Group and was briefed about its…
Tehran, IRNA – The vice president and the head of the Plan and Budget Organization of Iran announced here on Wednesday that selling oil today has become…
Newly elected Colombian President Gustavo Petro, centre, celebrates next to his wife Veronica Alcocer and his running mate Francia Marquez in Bogota, on Sunday after winning the…
The head of Moscow-controlled Crimea on Monday said that Ukraine has fired on oil drilling platforms off the coast of the peninsula that was annexed by Russia…
The leader of a Norwegian oil workers’ union said on Monday a wage deal struck with oil companies “had a lot of good things” and that he…
Oil prices swung higher in volatile trading on Monday, as traders focused on tight supplies over slowing global economic growth.
Brent crude futures settled…
The agreement on oil and gas cooperation was signed by the CEO of the National Iranian Oil Company in the presence of the Presidents of Iran and…
The common objective of the Organization of the Petroleum Exporting Countries and its non-OPEC partners has always been to maintain oil market stability, not to raise prices…
Russia’s Deputy Prime Minister announced the possibility of continuing cooperation with the OPEC-Plus coalition.
According to Reuters, Alexander Novak said on Thursday (June 16)…